Insolvency Claims over VOX Holdings Draws Quick Response from Uphold
A recent Reddit posting claiming that Uphold, a platform that provides various financial services and encourages fintech innovation, was heading to insolvency because of its VOX holdings drew a quick response from Uphold that caused the critic to recant. The Reddit post a few days ago expressed concern over the fact that $107,936,914 of Uphold’s assets is comprised of VOX, a cryptocurrency for virtual reality games that Uphold helped to create. “There is no way ‘Voxel’ should belong on a reserve statement with national currencies as it is a speculative security that should be marked....
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